Coal India (India) Probability of Future Stock Price Finishing Under 356.22
| COALINDIA | 395.80 7.10 1.76% |
Coal |
Coal India Target Price Odds to finish below 356.22
The tendency of Coal Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to 356.22 or more in 90 days |
| 395.80 | 90 days | 356.22 | near 1 |
Based on a normal probability distribution, the odds of Coal India to drop to 356.22 or more in 90 days from now is near 1 (This Coal India Limited probability density function shows the probability of Coal Stock to fall within a particular range of prices over 90 days) . Probability of Coal India Limited price to stay between 356.22 and its current price of 395.8 at the end of the 90-day period is about 5.24 .
Assuming the 90 days trading horizon Coal India Limited has a beta of -0.11 suggesting as returns on the benchmark increase, returns on holding Coal India are expected to decrease at a much lower rate. During a bear market, however, Coal India Limited is likely to outperform the market. Additionally Coal India Limited has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Coal India Price Density |
| Price |
Predictive Modules for Coal India
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Coal India Limited. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Coal India Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Coal India is not an exception. The market had few large corrections towards the Coal India's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Coal India Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Coal India within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.27 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 33.12 | |
Ir | Information ratio | -0.19 |
Coal India Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Coal India for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Coal India Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Coal India Limited generated a negative expected return over the last 90 days | |
| Coal India Limited is unlikely to experience financial distress in the next 2 years | |
| About 63.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Coal India Share Price Highlights Coal India closed today at 408.95, down -1.9 percent from yesterdays 416.85 Stock Market News - Mint |
Coal India Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Coal Stock often depends not only on the future outlook of the current and potential Coal India's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Coal India's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.2 B | |
| Cash And Short Term Investments | 329.3 B |
Coal India Technical Analysis
Coal India's future price can be derived by breaking down and analyzing its technical indicators over time. Coal Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Coal India Limited. In general, you should focus on analyzing Coal Stock price patterns and their correlations with different microeconomic environments and drivers.
Coal India Predictive Forecast Models
Coal India's time-series forecasting models is one of many Coal India's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Coal India's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Coal India Limited
Checking the ongoing alerts about Coal India for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Coal India Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Coal India Limited generated a negative expected return over the last 90 days | |
| Coal India Limited is unlikely to experience financial distress in the next 2 years | |
| About 63.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Coal India Share Price Highlights Coal India closed today at 408.95, down -1.9 percent from yesterdays 416.85 Stock Market News - Mint |
Other Information on Investing in Coal Stock
Coal India financial ratios help investors to determine whether Coal Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Coal with respect to the benefits of owning Coal India security.